In the latest trading session, America's Car-Mart (CRMT - Free Report) closed at $97.90, marking a -0.75% move from the previous day. This change lagged the S&P 500's daily loss of 0.45%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 0.5%.
Heading into today, shares of the auto retailer had gained 10.83% over the past month, outpacing the Retail-Wholesale sector's gain of 4.73% and the S&P 500's gain of 2.62% in that time.
CRMT will be looking to display strength as it nears its next earnings release, which is expected to be May 21, 2019. The company is expected to report EPS of $1.77, up 23.78% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $187.85 million, up 10.86% from the prior-year quarter.
Any recent changes to analyst estimates for CRMT should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.67% higher. CRMT is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that CRMT has a Forward P/E ratio of 13.76 right now. This valuation marks a premium compared to its industry's average Forward P/E of 10.41.
We can also see that CRMT currently has a PEG ratio of 0.73. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CRMT's industry had an average PEG ratio of 1.69 as of yesterday's close.
The Automotive - Retail and Whole Sales industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 20, which puts it in the top 8% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.